The Pep Boys-Manny, Moe & Jack LLCbenefits

The Pep Boys-Manny, Moe & Jack LLC's benefits plans covered 7,619 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,240,075. Insurance brokers and agents were paid $61,384 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 68% from $190,916 in 2023.